Rishi Sunak extends apprenticeship employer incentives

Employer apprenticeship incentives will now run until the end of January 2022.

Chancellor Rishi Sunak has extended the cash incentive for hiring a new apprentice. Employers who recruit apprentices between now and January 2022 are eligible for the bonus.

  • Employers who recruit an apprentice aged 16-18 will receive an incentive of £4,000. This includes the usual £1,000 and an additional £3,000 from the government.
  • Employers who recruit an apprentice aged 19 and over will receive a £3,000 government incentive.

In his speech for the Conservative Party Conference, Sunak said he is ready to do “do whatever it takes” to recover from the Covid-19 pandemic. The incentive aims to sway employers into recruiting apprentices to support and train those needed to get into full-time employment.

Since the employer incentive started, over 85,000 apprentices have been newly hired but we must continue to promote the service to help recover the economy post-pandemic.

Are you an employer looking to recruit a new apprentice? Here at Professional Training Solutions, we offer a variety of apprenticeships in:

To discuss employer incentives and hiring an apprentice, contact us today!